Accel
Accel is a venture capital firm founded in 1983 in Palo Alto, California, that backs early and growth-stage technology startups worldwide. It concentrates on software, cloud, data, mobile, digital media, and adjacent sectors, including consumer and enterprise technology, fintech, security, and healthcare. The firm supports entrepreneurs with long-term guidance and the resources needed to build world-class, category-defining companies. Accel maintains offices in Palo Alto, San Francisco, London, and Bangalore, and has backed a broad portfolio featuring notable companies such as Atlassian, Facebook, Dropbox, Slack, Spotify, and Cloudera.
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Past deals in Electric Grid
Flipturn
Series A in 2024
Flipturn specializes in accelerating transportation electrification through its fleet and charger management platform. This platform enables real-time monitoring of chargers and vehicles, power management, and optimized charging schedules, helping transport businesses efficiently operate their electric vehicle infrastructure.
Axle Energy
Seed Round in 2024
Axle Energy is a developer of innovative energy software that connects home energy devices to electricity markets. The company's platform dynamically adjusts energy usage, allowing households to optimize their consumption based on cost and environmental impact. By providing flexibility to electric vehicles and home energy devices, Axle Energy enables users to manage and monetize their energy resources effectively. This technology not only helps reduce electricity bills for consumers but also contributes to a more sustainable and efficient electricity grid.
Flipturn
Seed Round in 2023
Flipturn specializes in accelerating transportation electrification through its fleet and charger management platform. This platform enables real-time monitoring of chargers and vehicles, power management, and optimized charging schedules, helping transport businesses efficiently operate their electric vehicle infrastructure.
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